7 Beech Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Aug 4, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Listed by Edna Mashaal Realty LLC | $2,388,000 | |
| Listed by Edna Mashaal Realty LLC | |||
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Nestled in a quiet street in the prestigious village of Kings Point, this split-level home offers tranquility on 1.06 acres of flat land. It features 4 bedrooms and 3 bathrooms, including an oversized primary suite with a walk-in closet, steam shower and jacuzzi. The beautiful kitchen is equipped with a Sub-Zero refrigerator and is bathed in natural light from skylights. The lower level boasts a cozy brick fireplace, while the fully finished basement includes a laundry room, cedar closet and workshop. Be ready to make new amazing memories in your new home.
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About Great Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017